ALEXANDRIA, Va. (3/29/16)--There’s still time to register for tomorrow’s webinar on financial literacy, hosted by the National Credit Union Administration. Titled “The Pathway to Financial Well-Being,” the webinar is scheduled to begin at 2 p.m. (ET).
WASHINGTON (3/28/16)--With the National Credit Union Administration’s member business lending rule finalized, all that’s left is for credit unions to gain an understanding of how the rule will affect them. CUNA's compliance staff has put together a CompNote on the rule, which is now available.
ALEXANDRIA, Va. (3/28/16)--Moderate growth of the U.S. economy combined with job gains and the decline in the unemployment rate should lead to moderate growth in the economy, National Credit Union Administration Chief Economist Ralph Monaco said in the agency’s latest economic update.
ALEXANDRIA, Va. (3/25/16)--The National Credit Union Administration accepted a $29 million offer of judgment Thursday from Credit Suisse to resolve claims arising for losses related to purchases of residential mortgage-backed securities. According to the NCUA, it has agreed to Credit Suisse's offer, but the number does not represent a final settlement.
ALEXANDRIA, Va. (3/25/16)--Credit unions now have increased flexibility when it comes to bank notes, thanks to a final rule approved by the National Credit Union Administration board Thursday. The final rule is identical to the rule first proposed in October 2015.
WASHINGTON (3/22/16)--The National Credit Union Administration is among federal regulators that released guidance Monday clarifying the applicability of the Customer Identification Program rule to prepaid cards issued by financial institutions.
CUNA’s inaugural Fair Lending Workshop took place last week in Denver, leading to valuable discussions on compliance with the Equal Credit Opportunity Act, the Fair Housing Act, the Home Mortgage Disclosure Act and more.